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Community Chest of Hong Kong ensures money donation will be invested properly

出自香港新聞網 - 樹仁新傳系學生實習習作

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The Community Chest of Hong Kong promises all the money donation will be spent to the public.


--095029 Lui Man Wai 2012年3月13日 (二) 18:45 (UTC)


Louie Tong, the manager of the Community Relations of the Community Chest of Hong Kong, said that there are around $700 million reserves in the Community Chest of Hong Kong, which most of them will be saved in the bank and part of them will be invested.


Louie Tong states that the aim of investment is to raise the amount of money donations [what are the donations used for?], and indicates that the Community Chest will make sure all the investments are breakeven, disperse and in a long term, when attending the general assembly of Hong Kong Shue Yan University today.


A student disagrees with the way the way to raise the amount of money donation, and criticizes how the Community Chest of Hong Kong can promise there will not be a loss of the money donated by the public during investment.


Louie Tong restates that most of the money donations are saved in the bank and an investment committee is set up in the Community Chest of Hong Kong, “it is grouped by nine experience bankers, and they will make sure all the investments are moderate, steady and low risk.” She restates that the Community Chest will not invest property and high-risk investment, like Lehman Brothers minibond.

[After reading this article, I have no idea what the Community Chest actually does.]

[Grade: C]

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